1. Insurance Terms & Definitions/
  2. Insurance Terms Starting With E

Employee Benefits Program

What is an Employee Benefits Program?

An employee benefits program is a type of compensation an employer provides to its employees in addition to their regular salary or wages. These benefits may include healthcare coverage, retirement savings plans, paid time off, and other perks and incentives, including:

  • Medical, dental, and vision coverage
  • Profit sharing
  • Stock options
  • Weight loss programs
  • Smoking cessation